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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  NN Group N.V.    NN   NL0010773842

NN GROUP N.V.

(NN)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 08/04 07:45:29 am
32.42 EUR   +0.87%
07/31NN N : Group Pro Forma Financial Supplement 1H20
PU
07/17NN GROUP N.V. : Crossing thresholds
CO
07/10NN N : The University of Helsinki invested in a Green Bond Fund
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NN Group shares rise on Elliott note

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06/12/2020 | 05:36am EDT

Shares in NN Group, the largest Dutch insurer, rose 5.1% on Friday to 30.17 euros after activist investor Elliott Advisors called for changes to the company's strategy to increase share value.

Elliott, which took a 3% stake in NN Group in February, argued in a presentation the company should undertake "operational improvements, reinsurance transactions and outright business sales".

"We believe that optimising Insurance Europe and NN Japan could see the release of 2.5 billion euros in capital," Elliot said in the presentation it published independently.

The investor called for its proposals to be discussed at NN Group's investor day on June 24.

A spokesman for NN Group said the company would issue a response later on Friday.

(Reporting by Toby Sterling; editing by David Evans)

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Latest news on NN GROUP N.V.
07/31NN N : Group Pro Forma Financial Supplement 1H20
PU
07/17NN GROUP N.V. : Crossing thresholds
CO
07/10NN N : The University of Helsinki invested in a Green Bond Fund
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07/09Reaction to U.S. Supreme Court decision on Trump financial records
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07/07Dutch central bank gives insurers room to resume dividend payments
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06/26NN GROUP N.V. : Crossing thresholds
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06/24NN GROUP CAPITAL MARKETS DAY : Committed to sustainable value creation
PU
06/24NN GROUP N.V. : Crossing thresholds
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06/23NN GROUP N.V. : Crossing thresholds
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06/23NN GROUP N.V. : Corporate Officers and Executives' transactions in the company's..
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Financials
Sales 2020 14 426 M 16 998 M 16 998 M
Net income 2020 1 088 M 1 281 M 1 281 M
Net Debt 2020 2 013 M 2 372 M 2 372 M
P/E ratio 2020 9,89x
Yield 2020 7,63%
Capitalization 10 293 M 12 090 M 12 128 M
EV / Sales 2020 0,85x
EV / Sales 2021 0,84x
Nbr of Employees 14 230
Free-Float 80,0%
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Technical analysis trends NN GROUP N.V.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 35,97 €
Last Close Price 32,14 €
Spread / Highest target 49,3%
Spread / Average Target 11,9%
Spread / Lowest Target -41,8%
EPS Revisions
Managers
NameTitle
David Knibbe Chief Executive Officer
David Cole Chairman-Supervisory Board
Delfin Rueda Arroyo Chief Financial Officer & Investor Relations
Amir Arooni Chief Information Officer
Heijo Hauser Member-Supervisory Board
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